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Best USA Business Magazine 2024
Under Armour announced on Tuesday the appointment of Dawn Fitzpatrick, Eugene Smith, and Robert Sweeney to the U.S. sportswear firm’s board of directors. Under Armour For the last eight years, Fitzpatrick has served as chief executive officer and chief investment officer of Soros Fund Management, privately held investment management firm. Before joining Soros in 2017, the executive spent […]
Read MoreUnilever’s new CEO Fernando Fernandez is planning to radically boost investment in influencer marketing against traditional advertising. Unilever will use more influencers for its brands, as here with Kimberley Anne Woltemas for Hourglass In an interview with The Times, he said his customers are now suspicious of advertising created by brands and this means investment […]
Read MoreBy Reuters API Published Feb 9, 2024 L’Oreal has signed a licensing agreement with high end fashion label Miu Miu for beauty products, the French cosmetics giant said on Friday. DR “Following the successful collaboration with the Prada brand, Miu Miu is now joining the L’Oréal Luxe division for a new beauty chapter,” the company […]
Read MoreBy Reuters API Published Feb 9, 2024 Cosmetics group L’Oreal reported a 6.9% rise in fourth quarter sales, slower growth than in the previous quarter, as its travel retail business continued to feel the pinch from changes in regulations of daigou resellers. L’Oreal The Paris-based group, which owns labels ranging from Lancome to Maybelline, said […]
Read MoreBy Reuters API Published Feb 7, 2024 Investors will be looking to see if Gucci‘s new creative director Sabato de Sarno can move the needle on the company’s financial performance when its owner Kering reports full-year earnings on Thursday. Gucci’s sales have lagged rivals such as LVMH-owned Louis Vuitton and Dior in recent years, prompting […]
Read MoreBy Reuters API Published Jan 25, 2024 Luxury goods group LVMH posted a 10% rise in fourth quarter sales, as growth edged up from the previous quarter, driven by resilient demand for its high end fashion labels. Sales at the world’s biggest luxury group, which owns labels including Louis Vuitton, Dior and Tiffany, came to […]
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